In May of this year, the Government included in the Table of Incidence of Tax on Industrialized Products (TIPI) a specific classification for vegetable beverages, previously classified only as “other”. In addition to this measure, it also reduced the tax rate for this type of product, which was 2,6%.
However, in July, when publishing the new updated and consolidated TIPI, due to a technical error, plant-based beverages were not included. The review was announced by the Government, through Decree 11.182/2022, which reestablishes the zero Tax on Industrialized Products (IPI) for plant-based beverages.
➡️ If your company or business partners have any questions regarding this topic, our team is available to talk via email: politicas@gfi.org
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